Latin America

Latin America
Friday, December 11th 2009 - 07:40 UTC

Chile denies any plans to work with FOGL in Falklands’ oil exploration

Chilean deputy Foreign Secretary Angel Flisfisch

Chile reaffirmed Thursday that the country’s oil corporation Enap has no plans or prospects of exploring for oil in the Malvinas Islands maritime territory or any form of association with Falkland Oil and Gas Limited.

Friday, December 11th 2009 - 06:40 UTC

Over 35.000 Carabineros mobilized for Chile’s Sunday election

Police is watching the activities of up to 40 suspected squatter anarchist groups allegedly responsible for recent bombings with home-made devices

Chile's police force (Carabineros) this week outlined plans to protect the eight million voters expected to participate in Sunday's presidential election. Over 35,000 officers will be mobilized nationwide to ensure the election takes place smoothly, with Carabineros giving special attention to possible anarchist bomb threats.

Friday, December 11th 2009 - 06:22 UTC

Billionaire Piñera favourite to win Chile’s Sunday presidential election

Conservative Sebastian Piñera on the campaign trail

The latest poll published in Santiago just four days before Chileans elect their next president - confirms billionaire businessman Sebastian Piñera as the heads-on favourite to win next Sunday’s vote.

Thursday, December 10th 2009 - 11:28 UTC

FOGL trying to tempt Chilean companies to join Falklands’ oil exploration

Tim Bushell and David Hudd recently visited Chile according to the Santiago press

Senior executives from Falkland Oil and Gas Limited (FOGL), which operates in the Falkland Islands, where it just announced the existence of significant oil reserves tempted Chile's State Oil Company (ENAP) into entering the business to help them explore and develop a 49,000 square meter basin in the South Atlantic.

Thursday, December 10th 2009 - 11:26 UTC

Chilean officials and private sector divided over recovery of salmon exports

The ISA outbreak has cut 2009 salmon exports by 30% and next year does not look brighter according to Salmon Chile

Chilean officials expect sustained growth from the aquaculture sector with exports reaching 4 billion US dollars by 2015. Currently Chile’s main aquaculture export product is salmon with overseas sales in 2008 of 2.4 billion USD. The private sector however does not share the enthusiasm.

Thursday, December 10th 2009 - 07:53 UTC

Gallup poll shows strong Latinamerican support for Obama: 61%

President Barack Obama

A recent Gallup poll surveying Latinamerican perceptions of Barack Obama found that the US President’s strongest support comes from Chile, where 72% of those polled have a favourable image of him.

Thursday, December 10th 2009 - 07:32 UTC

US Assistant Secretary of State will be visiting Mercosur members next week

A hard task awaits Arturo Valenzuela

Recently nominated United States Assistant Secretary of State Arturo Valenzuela will be making his first trip to the region next week with visits to Mercosur full members, Brazil, Argentina, Uruguay and Paraguay, reported the US State Department.

Wednesday, December 9th 2009 - 14:49 UTC

Mercosur summit fails to advance in internal trade issues

Pesidential farewell: ...until our next meeting in June in Argentina....

The political coincidences of the two-day Mercosur presidential summit held in Montevideo overshadowed the lack of relevant decisions for the consolidation of the block as a customs union, according to Brazilian sources.

Wednesday, December 9th 2009 - 14:37 UTC

Mercosur presidents strongly reject Honduras November elections

President Vasquez reading the statement

Mercosur presidents expressed their most “energetic condemnation” of the Honduran coup and “total and full rejection” of the November 29th elections which represent a strong blow to “the democratic values of Latinamerica and the Caribbean”.

Wednesday, December 9th 2009 - 14:29 UTC

Venezuelan top private bankers help to calm markets and depositors

Planning Minister Giordani has promised an end to “speculative banking”

A two-week banking crisis in Venezuela seems to be settling down following President Hugo Chavez announcement that private banks will be respected but new rules to make the system more transparent and production-geared will begin to be enforced.


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